Sustainable Tech Entrepreneurship and Green Innovation Driving Resilience and Environmental Impact through Digital Transformation and Circular Business Models

Growing issues of climate change and depletion of natural resources demand a change in business models to be sustainable. This research examines Sustainable Technology Entrepreneurship (STE) and Green Innovation (GI), focusing on digital transformation, circular business models, and green finance as an evolution towards environmental resilience and sustainability. Regarding the potential issue of knowledge gaps when treating these components together, in this paper, the significant role these elements play in the implementation of the Sustainable Development Goals (SDGs) is also emphasized. In the study, a conceptual framework is developed, and a structural equation model (SEM) is used with data from over 200 participants. It is already demonstrated that digital technologies (DT) play the role of a considerable driving force behind sustainable entrepreneurship, a somewhat significant and supportive role of circular business models, and a moderate but significant one of green finance. STE is recognized as a significant mediating factor of the phenomenon, related to environmental resilience by way of innovative, sustainable concepts. This paper emphasizes the effectiveness of synergies between DT, circular economy principles and green finance to support sustainability, which can help key recommendations to policymakers and corporate managers for sustainable leverage of a growth path of economic development.

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Publication Details

Journal
Bulletin of multidisciplinary studies
Published
2024-12-30
DOI
https://doi.org/10.48112/bms.v1i4.938
Citations
1
Primary Topic
Environmental Sustainability in Business
Type
article
Field-Weighted Citation Impact
0.44
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article

Sustainable Tech Entrepreneurship and Green Innovation Driving Resilience and Environmental Impact through Digital Transformation and Circular Business Models

Syed Rizwan Ali, Mehdi Abbas, Sehrish Qasim, Muhammad Faraz
1 citations
Bulletin of multidisciplinary studies
Environmental Sustainability in Business
0.44
article

Sustainable Tech Entrepreneurship and Green Innovation Driving Resilience and Environmental Impact through Digital Transformation and Circular Business Models

Syed Rizwan Ali, Mehdi Abbas, Sehrish Qasim, Muhammad Faraz
article en
1 citations

Abstract

Growing issues of climate change and depletion of natural resources demand a change in business models to be sustainable. This research examines Sustainable Technology Entrepreneurship (STE) and Green Innovation (GI), focusing on digital transformation, circular business models, and green finance as an evolution towards environmental resilience and sustainability. Regarding the potential issue of knowledge gaps when treating these components together, in this paper, the significant role these elements play in the implementation of the Sustainable Development Goals (SDGs) is also emphasized. In the study, a conceptual framework is developed, and a structural equation model (SEM) is used with data from over 200 participants. It is already demonstrated that digital technologies (DT) play the role of a considerable driving force behind sustainable entrepreneurship, a somewhat significant and supportive role of circular business models, and a moderate but significant one of green finance. STE is recognized as a significant mediating factor of the phenomenon, related to environmental resilience by way of innovative, sustainable concepts. This paper emphasizes the effectiveness of synergies between DT, circular economy principles and green finance to support sustainability, which can help key recommendations to policymakers and corporate managers for sustainable leverage of a growth path of economic development.

Bulletin of multidisciplinary studiesVol. 1(4)
Bahria University (PK)
Openalex Percentile: Top 24%
Environmental Sustainability in Business
0.44
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Sustainable Tech Entrepreneurship and Green Innovation Driving Resilience and Environmental Impact through Digital Transformation and Circular Business Models — Syed Rizwan Ali, Mehdi Abbas, et al. · Bulletin of multidisciplinary studies (2024) | TGRS Research Map | TGRS